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Maryland Code, Environment § 9-640

Current as of January 01, 2025 | Updated by Findlaw Staff

(a) In this section, “governmental agency” means:

(1) The federal government;

(2) This State; or

(3) An agency or instrumentality of the federal government or this State.

(b) A district may borrow from a governmental agency the amount of money that the sanitary commission considers necessary to pay the organization and planning costs for a project or a service area, including costs for:

(1) Engineering services;

(2) Legal services;

(3) Estimates of costs;

(4) Estimates of revenue;

(5) Plans or specifications; and

(6) Surveys.

(c)(1) A district may not pay interest on money borrowed from a governmental agency under this section.

(2) If a district borrows from a governmental agency under this section, the district shall repay the lending governmental agency:

(i) When work begins on the water system or sewerage system for which the borrowing was made; and

(ii) Only from funds or bond revenues that, under this subtitle, relate to the project.

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Cite this article: FindLaw.com - Maryland Code, Environment § 9-640 - last updated January 01, 2025 | https://codes.findlaw.com/md/environment/md-code-envir-sect-9-640/

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